GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shashwat Furnishing Solutions Ltd (BOM:543519) » Definitions » Interest Expense

Shashwat Furnishing Solutions (BOM:543519) Interest Expense : ₹-1.67 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shashwat Furnishing Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shashwat Furnishing Solutions's interest expense for the six months ended in Sep. 2024 was ₹ -0.84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-1.67 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Shashwat Furnishing Solutions's Operating Income for the six months ended in Sep. 2024 was ₹ 1.95 Mil. Shashwat Furnishing Solutions's Interest Expense for the six months ended in Sep. 2024 was ₹ -0.84 Mil. Shashwat Furnishing Solutions's Interest Coverage for the quarter that ended in Sep. 2024 was 2.33. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shashwat Furnishing Solutions Interest Expense Historical Data

The historical data trend for Shashwat Furnishing Solutions's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shashwat Furnishing Solutions Interest Expense Chart

Shashwat Furnishing Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
- - -0.07 -1.52

Shashwat Furnishing Solutions Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - -0.07 -0.69 -0.83 -0.84

Shashwat Furnishing Solutions Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-1.67 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shashwat Furnishing Solutions  (BOM:543519) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shashwat Furnishing Solutions's Interest Expense for the six months ended in Sep. 2024 was ₹-0.84 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹1.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹7.38 Mil.

Shashwat Furnishing Solutions's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1.953/-0.839
=2.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Shashwat Furnishing Solutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shashwat Furnishing Solutions Ltd (BOM:543519) » Definitions » Interest Expense
Comparable Companies
BOM:544188 BOM:526225 BOM:526751 BOM:541337 BOM:505840 BOM:539526 BOM:530973 BOM:590068 NSE:NEELAM BOM:509196 SZSE:000333 SZSE:000651 SHSE:600690 SGI SN TSE:9843 SHSE:605117 MHK SHSE:600839 SZSE:002032
Traded in Other Exchanges
N/A
Address
121, Mahaveer Nagar, K.N. Nagar, Jain Colony, Jodhpur, RJ, IND, 342001
Website
https://www.handicraftsvillage.com
Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture, Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks, and various other decoration and handicrafts objects.

Shashwat Furnishing Solutions Headlines

No Headlines